Ok, I got it to run and set timing to the "v" mark.  Have put about 30
miles on it but it still runs a bit ruff.  Was curious and did a
compression check, all cylinders between 100 and 120.  That seems a bit
low.

Questions:

Can I expect compression to increase over time?  I hope so, and perhaps
and just a bit paranoid

Also, I have only water in the coolant system now, wanted to check for
leaks before putting the blue stuff in.  The question, is it possible to
drain the entire system?

Thanks for the help!

Philip